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CoBank lifts earnings despite lower loans to agribusinesses

This article was originally published in The Public Ledger

COBANK, a major lender to US agriculture with US government links through its role in the Farm Credit System (FCS), said a 22% increase in loan volumes in its Communications & Energy Banking Group to $10.6bn over the first nine months of this year was partly offset by a decline in loans to its commercial agribusiness customers.

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